Question: If a company has a current ratio below 1, which of the following transactions would cause the current ratio to increase? Select one: a. Collecting

If a company has a current ratio below 1, which of the following transactions would cause the current ratio to increase?

Select one: a. Collecting an account receivable b. Purchasing land with cash c. Purchasing inventory by signing a long-term note d. Purchasing land by signing a short-term note

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